Crypto: Mercado Bitcoin Expands Latam Rwa Push With $20m In Rootstock...

Brazil’s Mercado Bitcoin has issued more than $20 million in tokenized private credit on Bitcoin sidechain Rootstock and is targeting $100 million by April.

Latin American digital asset platform Mercado Bitcoin said that it had deployed more than $20 million of tokenized private credit on Bitcoin sidechain Rootstock, deepening its push into real-world assets (RWAs) and targeting $100 million in issuances by April.

According to a release shared with Cointelegraph, several offerings had already reached target capacity since going live.

The move adds Rootstock to Mercado Bitcoin’s multichain tokenization strategy, which includes planned RWA issuances on Stellar (XLM) and the XRP Ledger, giving international investors Bitcoin‑secured exposure to Latin American private debt markets.

Lucas Pinsdorf, business director at Mercado Bitcoin, told Cointelegraph that the newly issued assets included a mix of receivables and corporate debt, backing both Brazilian and foreign borrowers.

“What is particularly interesting is that these are not limited to Brazilian companies,” he said. “Within the issuances, Mercado Bitcoin also chose to issue debt for an American company.”

Related: Crypto activity in Brazil rises 43% with average investment surpassing $1,000: Report

Pinsdorf said the initial $20 million offering sold through quickly, increasing confidence that the $100 million target would be “a sell‑out … very soon.”

According to RWA.xyz data, Mercado Bitcoin ranks among the world’s top 10 tokenized private credit issuers, with more than $370 million in cumulative loans.

Still, it is far behind the market leaders. The top three issuers tracked by RWA.xyz have issued at least $5.4 billion each.

Source: CoinTelegraph